Q.3 Despite efforts at formalisation, the challenge of informality looms large for India. Examine the reasons for persistent informality and suggest the way forward. (10 Marks)

Mentor’s comment- thehindu.com/opinion/op-ed/indias-economy-and-the-challenge-of-informality/article38335803.ece In the intro, mention that despite witnessing rapid economic growth over the last two decades, 90% of … Continue reading Q.3 Despite efforts at formalisation, the challenge of informality looms large for India. Examine the reasons for persistent informality and suggest the way forward. (10 Marks)